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by tradertef 1338 days ago
https://www.cassotis.com/insights/88-of-the-excel-spreadshee...

"Considering the complexity of Excel spreadsheets and the lack of mastery by many users, we have come to the title of this post: more than 80% of the Excel spreadsheets have errors. Ray Panko, a University of Hawaii professor, discovered that, on average, 88% of the Excel spreadsheets have 1% or more errors in their formulas."

There was some research on Excel's impact on finance with so many errors, but I couldn't find the citation.

1 comments

What percentage of in-house crud apps have errors?
No idea, but probably much less than 88%.